Technical Alert, Regulatory Alert, Trading Alert

MIAX Sapphire

October 13, 2025 | 12:57 PM

MIAX Sapphire Options Exchange - Trading Floor - Virtual Trading Floor (VTF) - October 18, 2025 Test

As previously communicated, MIAX Sapphire will provide access to a Virtual Trading Floor (VTF) system in the event the physical trading floor is inaccessible. The October 18, 2025 test will use the VTF system in combination with the MIAX Sapphire Production Environment to familiarize Market Makers and Floor Brokers with the VTF system. Note: the VTF system operates independently and does not require integration with market maker or floor broker systems. The use of the VTF system along with the Sapphire production systems for this exercise is solely for replicating potential trading scenarios.
 
The first MIAX Sapphire VTF test will occur on Saturday, October 18, 2025 between 8:30 a.m. and 10:30 a.m. EDT. Participants should email TradingOperations@miaxglobal.com once they have successfully logged in and confirm both audio and video access.

Additional test dates will be provided through future Alerts.

For additional information, please contact MIAX Trading Operations at TradingOperations@miaxglobal.com or (609) 897-7302.

Regulatory inquiries should be directed to Regulatory@miaxglobal.com or (609) 897-7309.

Sales inquiries should be directed to Sales@miaxglobal.com, (609) 897-8177 or visit miaxglobal.com.